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Australia Sep Job Ads Rise At Slower Rate

Job advertisements in Australia increased at a slower rate in September, the latest survey from the Australia and New Zealand Banking Group revealed Monday.

Job ads rose by a seasonally adjusted 0.9 percent month-over-month in September following a 1.6 percent increase in August.

Internet job ads climbed 1.1 percent in September. Meanwhile, newspaper ads, accounting for 5 percent of total ads, fell 3.5 percent.

On a year-over-year basis, total job ads rose 7.9 percent in September, which is faster than the 7.7 percent growth in August.

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